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| *The Commerce Journal>>>India Taxes |
How much amount I will be getting after TDS Deduct from my salary which is 101160 per annum?and when? |
How much amount I will be getting after TDS Deduct from my salary which is 101160 per annum?and when? You will receive your entire salary Rs.1,01,160. Your company is not suppose to deduct any TDS on your salary. For this running financial year (1-4-2007 to 31-3-2008) the tax free amount for male is Rs.1,10,000/-. For female Rs.1,45,000/- and for Senior Citizen (Male or Female >65 years) Rs.1,95,000/-. OK ? Satisfied ?? See Now you are having the Exemption up to 1.5 Laks PA then why you are bothered? The amount is mentioned PA/PM ? Please tell clearly so that calculation is easy to tell how much the TDS can deduct monthly or oNCE IN A 3 mONTHS OT AT THE end of march u not mention ur age because if men upto Rs.1,10,000 is exempt, if u women upto to Rs.1,35,000 is exempt, if u are senior citizen upto Rs.1,85,000 is exempt, now u not come under TDS. |
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